HomeMy WebLinkAboutbocc.con.214.2010CLERK'S CHECK LIST
FOR CONTRACTS SUBNIITTED TO CLERK AND RECORDER FOR
CONTRACT #: 214-2010
ORIGINATING DEPARTMENT/DIVISION: Airport
CONTACT PERSON: Jim Elwood
PROJECT NAME: Patio Shelter Lease
❑ BOCC AGENDA ITEM
(Raquires BOCC Signature)
CHECK PROCUREMENT TYPE:
PHONE #: 970-429-2851
�STAFF AUTHORIZED SIGNATURE
(per Revised Procurement Code 7/2005)
❑None �Informal ❑Formal ❑Sole Source ❑Emergency ❑State Bid ❑
❑Compliance with House Bills 06-1343 and 07-1073 (Under $] 0,000, L,etters of Engagement, etc.)
CHECK CONTRACT TYPE:
DOLLAR AMOUNT: $3,525.96 BUDGET LINE ITEM/LEDGER NUMBER: 404.67.00000.65246
❑Services/Maintenance
❑License/Use
�Lease
❑Construction
❑Goods, Equipment, Supplies
❑Other(e.g.revenue)
❑Employment (for county employees)
❑Intergovernmental Agreement (Requires BOCC Action)
❑Non-Profit
❑Quasi-Public
❑Grant Agreements (Requires BOCC Action)
❑Change Order/Contract Amendment
CONTRACTOR/BUSINESS:N/A Complete Legal of Name of Business Robert Steneman
Contract Execution Date:10/1/2010 Contract End Date: 3/31/2011
Automatic Renewal ❑Yes �No Term of Contract: 10/1/2010-3/31/2011
All Contracts should be roofed for the followin :
P B j
✓ �No Pages Missing n A/
✓❑If a Page is Left Intentionally Blank —Note on Page /� d�
✓�Page numbered consecutively l� W p I /
✓ �All Signatures Affixed 1 � � �,��/
✓ �All Dates Filled In �ii�l � �
✓ �All Other Blanks Filled In �
✓ �All E7chibits Attached
✓❑HB 06-1343 and 07-1073 Legislation Included in RFP and/or Contract
✓ ❑All Legal Descriptions Attached (if appropriate)
✓ �Notice of Award/Proceed Attached (if appropriate)
✓ ❑Warranty,ifapplicable
❑Special Instructions for Finance Department:
�Sentto Clerk and Recorderfor Scanning/Archiving
�Authorized Staff Person's Name: Jim Elwood
BY CHECKING ABOVE AND ENTERING NAME, THE AUTHORIZED STAFF
PERSON INDICATES THAT THE ATTACHED DOCUMENT HAS BEEN PROOFED
AND READY FOR SCANNING.
NOTE: CLERK'S OFFICE WILL KEEP ORIGINAL DOCUMENTS IN COMPLIANCE
WITH COLORADO STATE ARCHNES RETAINAGE SCHEDULE.
AMENDED 04/O1/08
PATIO SHELTER HANGAR
ANNUAL LEASE AGREEMENT
THIS PATIO SHELTER HANGAR LEASE AGREEMENT, is entered into and
effecrive this 1�` Day of October 2010, by and between the PITIaNN COiJN1'Y BOARD OF
COiJNTY COMII�SSIONERS, a politicsl snbdivLcion of t6e State of Colorado ("BOCC")
and Robert Steneman ("I.cv.9ee").
RECITALS
A. The BOCC owns and operates Sazdy Field, the Aspen/Pitkin County Airport,
located in Aspen, Pitkin County, Colorado ("Airport").
B. Lessee, Robert Steneman, wishes to lease a patio shelter-type hangar, located on
the Airport, and to store aircraft owned or leased by the Lessee in that hangar.
NOW, THEREFORE, in consideration of the above Recitals and the mutual promises
and representations set forfh below, the parties hereby agree as follows:
ARTICLE I. LEASED PRENIISES
A. The BOCC hereby leases to Lessee, and L.essee hereby leases from the BOCC, a
parcel of real property on the Airport designated of the following described size: Medinm, to be
designated as Patio Hangar Space No. B-13, to be as shown on the map to be attached hereto as
Eahibit A and incorporated herein by this reference when compieted by the BOCC, and any and
all rights, privileges and appurtenances herein described as belonging to said space, subject,
however, to all restricrions and other encumbrances of recortl. The pazcel of real propeRy shall
hereinafter be referred to as the "Leased Premises".
B. Lessee is also gra�ted the nonexclusive right to ufilize such Airport runways,
taxiways, and public use aprons ("airfield areas"), and such other rights of way and access across
the Airport ("Airport rights of way"), as necessary for ingress and egress to its Leased Premises,
and to the extent necessary to enable Lessee to utilize the Leased Premises for the purposes
discussed herein. Lessee's use of said airfield areas and other Airport rights of way shall be on a
nonexclusive, non-preferential basis with other authorized users thereof. I.essee shall abide by
all directives of the BOCC, the Federal Aviation Administration ("FAA") and any other
govemmentai entity having jurisdiction over the Airport, goveming their use of said airfield
areas and other Airport rights of way, either alone or in conjunction with other authorized users
thereof. Furthermore, the BOCC may from time to time inerease or decrease the size or capacity
of any airfield areas and other Airport rights of way or facilities (other than the Leased
Premises), make alterations thereto, reconstruct or relocate them, modify the desi� and type of
construction thereof, or close them, or any portion or portions of them, either temporazily or
1 of 11
permanently, without being liable for any damages that may be caused Lessee thereby, and
without being deemed to have terminated this Agteement as a resuk thereof.
C. BOCC reserves the right to subordinate the provisions of this Lzase to the
provisions of any future agreement between the BOCC and ihe United States Govemment
relative to the operation, maintenance or development of the AirpoR which ageement may be
required as a condition precedent to the expenditure of Federal Funds for the development,
maintenance or operation of the Airport, if such an Agreement is entered into between the
County and the United States Govemment, the parties agree to execute an amendment to this
Lease so as to remove aciy material inconsistencies between this document and any agreement
with the United States Govemment. Furthermore, in the event that by reason of any such
agreement with the United States Government as aforesaid, it becomes necessary to modify,
relocate or remove any improvements or other shuctures situated on the Leases Premises, or to
move the Leased Premises itself, L.essee agrees to modify, relocate or remove any such
improvements or structures, or to move to a new location for the Leased Premises, as directed by
BOCC and BOCC shall compensate and reimburse Lessee for reasonable damages, costs and
expenses (including modification, removal or relocation costs) suffered or incurred by Lessee in
consequence thereof. If, due to the condidons of any agreement between the BOCC and the
United States govemment, the Leased Premises cannot be relceated at the Airport, the BOCC has
the right to terminate this lease upon sixty (60) days notice to the Lessee by paying to the Lessee
the then unamortized cost of the Lease as of the date of termination.
ARTICLE II. GRANT OF USE
A. The BOCC hereby grants Lessee the exclusive right to use the Leased Premises to
store aircraft owned or leased by Lessee, or by any entity in which the Lessee has a bona fide
ownership interest, and Lessee's automobile when the aircraft is in use. The I.essee understands
that restrictions, including any prohibition required by County, state or federal law, may apply to
the parking of automobiles. The restrictions will be at the discretion of the Airport Director. All
uses by the Lessee shall be in compliance with the rules and regulations of the Airport and with
all FAA regulations. The Lessee shall always keep the BOCC advised of the type of aircraft
stored in the Leased Premises, and the tail number of that aircraft. In addition, Lessee may sub-
let the Leased Premises subject to the conditions in Article XIX.
B. Lessee shall not use, nor permit others to use, the Leased Premises, and any
improvements thereon, to store automobiles or equipment unrelated to Lessee's use of the Leased
Premises under this Agreement; to fuel any a'vcraft or vehicles in any manner that would violate
the regulations of the Airport, or for any other purpose than Lessee's aeronautical services and
activities authorized by Subparagraph A above, unless the BOCC authorizes Lessee, in writing,
to use the Leased Premises, and any improvements thereon, for said additional purposes.
2of11
ARTICLE IIL TERM
A. The initial term of this Patio Shelter Hangaz Lease Agreement shall be deemed to
commence at 12:01 am. on October 1�, 2010 arid shall terminate at midnight on Mazch 31�`,
2011, The I,essee may terminate the L,ease upon sixty (60) days notice to the BOCC, pmvided
that in that event, the Lessee shail not be entitled to the return of any prepaid unamortized cost of
the Lease. The Lessee may etRend the term of the conUact on a monthly basis in t6e event that a
Small shelter is anticipated to be purchased within 6 months of this termination date.
ARTICLE IV. RENT AND OTHER FEES
A. Rent.
1. The monthly rent for the Leased Premiscs shall be: $576.00. The initial
rent shall consist of the first month's rent, the last month's rent and a security deposit equivalent
to one month's rent. Rent will be paid in advance and will be billed monthly. The Lessor may
increase the monthly rent once per yeaz. A�y changes made in the monthly rent will be noticed
prior to January 1�` of each year and shall be in effect for the remainder of the year.
B. Payment of Fees.
1. Al] billing for mo�thly payments for ground rent and other costs will be made
by Atlantic Aviation, on be6alf of the BOCC. Payment will be made to Atlantic Aviation, who
will forward the collected payments to the BOCC.
C. Interest. Any ground rental or other monies owed to the BOCC under this I.ease
Ag�eement which are not received when due, or any monies paid by the BOCC on Lessee's
behalFwhich were Lessee's responsibility under this Lease Ageement, shall accrue interest at the
rate of one and one-half percent (1%2%) per month from ihe due date or date when the BOCC
made payment on I,essee's behalf, until receipt of full payment from Lessee. My payments
received shall be applied first to accrued interest, and then to the reduction of the acxual amounts
owed by L.essee.
ARTICLE V. IMPROVEMENTS
During the term of this Lease, Lessee shall have no right to construct any improvements,
alterations, or additions to the Leased Premises, or to any improvements presently located
thereon, in fitrtherance of I.essee's authotized use of the Leased Premises without the written
consent of the BOCC, which may be withheld at the discretion of the BOCC.
3of11
ARTICLE VI. MAINTENANCE AND UTILITIES
A. During ttfe term of this Lease, Lessor shall, at its own expense, maintain and keep
all portions of the Leased Premises, and any improvements, fixtures and equipment which aze
part of tLe Leased Premises, in good operating physical condition and repair.
B. During the term of this Lease, Lessee agrees to keep Leased Premises in a safe
and clean condition, and to not petmit any unsightly accumulation of wreckage, debris, or trash
where visible to the general public visiting or using the Airport.
�RTICLE VII. DAMAGE TO AIRPORT
I.essee shall be liable for aciy damage to the Airport and to any improvements thereon
caused by Lessee, its officers, agents, employees, contractors, subcontractors, assigns,
subtenants, customers, guests, invitees, or anyone acting under its direction and control, ordinary
wear and tear excepted. All repairs for which Lessee is liable may be made by Lessee at its own
expense, provided that said repairs are made timely and to the BOCC's satisfaction as to the
quality of repair or, if not timely or satisfactorily made by Lessee, then by the BOCC at Lessee's
expense.
ARTICLE VIII. DEFAULT AND REMEDIES
A. Events of Default. The following shall constitute defaults by Lessee:
1. Failure to pay monthly operational fees or electrical engine heating fees,
or any other monies owed hereunder, or under any other agreements between the parties, when
such monies are due, and the failure to cure said delinquency within a period of ten (10) days
following written notice of said delinquency;
2. Any other failure in the performance of any covenant or obligation
required herein, and the failure to cure said delinquency within a period of thiriy (30) days
following written notice of said delinquency;
3. The acquisition of Lessee's interest in this Lease Agreement by execution
or other process of law when said process of law is not discharged within fifteen (15) days
thereafter; and
4. Lessee's general assignment of its rights, title and interest hereunder for
the benefit of creditors; or the appointment of a receiver for Lessee's property if the appointrnent
is not vacated within ninety (90) days.
5. Filing by or against L.essee in any court pursuant to any statute either of
the United States or of any state, of a petition of banlwptcy or insolvency, or reorganization, or
4of11
the appoinhnent of a receiver or trustee, of all or a portion of Lessee's property if, within sixty
(60) days after commencement of any such proceedings involving I.essee, such petition shall not
have been dismissed.
B. Remedies Unon Default. Upon the occurrence of any of the events of default set
forth in Subparagraph A above, the BOCC may exercise any one or more of the following
remedies. These remedies shall be cumulative and not alternative:
1. The BOCC may sue for specific performance;
2. The BOCC may sue for recovery of all damages incurred by the BOCC,
including incidental damages, consequential damages, if any, and reesonable attomeys' fees;
3. The BOCC may terminate this Lease Agreement and, at the opdon of the
BOCC, any other agreement in effect between the parties. 1'he termination of these agreements,
however, shall only be effective upon written notice of same provided by the BOCC to I,essee.
In no event shalt this Leasc be construed to be terminated nnless and urttil such notice is
provided. The terminaLion may be effective immediately upon provision of said notice, or at any
other time specified in the notice. If this Lease is tenninated, Lessee shalt continue to be tiable
for: (a) the performance of all terms and conditions, including the payment of all monthly ground
rent and all other monies due or accrued hereunder prior to the effective date of said termination;
and (b) all damages, including attorneys' fees and other expenses of collection, incurred as a
result of any default.
4. Without terminating the Lease by so doing, and without further notice to
Lessee, BOCC may re�nter the Leased Premises with or without process of law, repossess the
I.eased Premises and all fixtures and improvements thereon, acid remove Lessee and any third
parties who may be occupying or within the Leased Premises and all of their respective personal
property, by using either such reasonable force as may be necessary, summary proceedings,
ejectment, or any other means, the BOCC, in its sole discretion, deems appropriate without being
deemed guilty of any trespass, eviction, or forcible entry and detainer by so doing. In such case,
the BOCC shall be obligated to attempt, in good faith, to negotiate the reletting of the Leased
Premises, and any improvements thereon, or any portion thereof, on behalf of Lessee, for such
period of time and upon such tetms and conditions as the BOCC deems appropriate. The BOCC
shall in no way be obligated under the terms of this subparagraph to relet all or any portion of the
Leased Premises, or any improveme�t thereon, to any third party, or upon terms and condido�s,
that aze not acceptable to the BOCC, or which the BOCC, in its sole discretion, does not feel to
be in the best interests of the Airport; nor shall the BOCC be responsible for any failure by the
sublessee or new tenant to pay rent or to perform any other conditions due upon such reletting.
Lessee hereby expressly authorizes BOCC to make any reasonable repairs or renovations
necessary to relet the Leased Premises, or any improvements thereon, on Lessee's behalf.
Assuming BOCC attempts to relet the Leased Premises, in good faith, whether or not BOCC is
able to relet the Leased Premises, Lessee shall remain liable for the performance of all terms and
conditions of the Lease and the payment of all monies due under the Lease foc the remainder of
Sofil
the leasehold term, although Lessee shall receive credit for any monies paid or conditions
performed as a result of reletting. Lessee shall also be responsible for reimbursing the BOCC for
all costs and expenses the BOCC incurs in reletting or attempting to relet the L.eased Premises,
including reasonable repair and renovation costs. Finally, i� as a result of such reletting, BOCC
becomes eatitled to receive excess rentals or othet benefits over and above what BOCC would
6ave been entitled to receive under this I.ease Agreement, BOCC shall be entitled to retain ail
such surplus rentals and other benefits, and Lessee shall have no rights or interest therein.
5. The BOCC may utilize any other remedy provided by law
or equity as a result of any events of default.
C. Force Maiewe. Any defaults by either of the par[ies in the performance of
any of the terms and conditions contained herein shall be excused where
d�e to force majeure, which, among other things, shall include natural
catastrophes such as hwricanes, tomadoes, or floods, acts of God, acts of
war, and govemmental statutes, regulations, directives, or contracts
goveming the operation of the Airport, with which the BOCC or Lessee
must comply.
A. Lessee shall observe and obey all statutes, rules, regulations and direcNves
promulgated by the BOCC and other appropriate local, state and federal
entities having jurisdiction over the Airport, including the Federal
Aviation Administration ("FAA") and the Environmental Protection
Agency. Without limiting the foregoing, Lessee agrees to udlize its Leased
Premises, and the common areas of the Airport, and all improvements
thereon, in compliance with the Federal Aviation Regutations, including
all amendments hereafter made, embodied in 49 C.F.R. Parts 107 ac�d 108,
which are specifically incorporated and made a part of this Lease
Agreement. Lessee fi�rfher agrees to perform all of its operations
authorized hereunder in accordance with all of the terms and conditions of
the rules and regulations for the Airport as the same may be amended from
time to time. If there is any inconsistency between the terms of this
Agieement, and the rules and regulations for the Airport, the terms of this
Agreement shall control, Lessee further agrees to comply with all verbal
and written d'vectives of the Airport Director regarding I,essee's use of the
Leased Premises, the Airport's airfields and ramps, and other common
areas elsewhere on the Airport.
6ofll
B. Should Lessee, its officers, agents, employees, customers, guests, invitees,
subtenants, assigns, contractors or suboontractors violate a�ty local, state or federal law, rule or
regulation applicable to the Airport, and should said violation result in a damage award, citatio�
qr fine against the BOCC, then Lessee shall fully reimburse tf�e BOCC For said damage award,
citation or fine and for al] costs and expenses, including reasonable attomeys' fees, incurred by
$OCC in defending against or satisfying the award, citation or fine.
ARTICLE X. INSPECTION
At any time, the BOCC may inspect the Leased Premises, and any improvements,
fixtures or equipment thereon.
ARTICLE XI. OiJIET ENJOYMENT
The BOCC expressly covenanis and represents that �pon payment of fees when due and
upon performance of all other conditions required herein, Lessee shall peaceably have, possess
and enjoy the Leased Premises and other tights herein granted, without hindrance or disturbance
from the BOCC, subject to the BOCC's various rights contained elsewhere in this Ageement.
ARTICLE XII. REPRESENTATIONS
The BOCC expressly covenants and represents that it is the owner of the Leased
Premises, and has the right and authority to enter into this I.ease Agreement and gtant the rights
contained herein to I.essee.
With respect to Lessee, the undersigned warrants and represents that he is authorized to
execute this I.ease on Lessee's behalf and shall be bound as a signatory to this Lease by his
execution of this Lease.
ARTICLE XIII. WAIVER
Should I.essee breach any of its obligations hereunder, the BOCC nevertheless may
thereafter accept from Lessee any payment or payments due hereunder, and continue this Lease
Agreement in effect, without in any way waiving the BOCC's right to exercise and enforce all
available default rights hereundar, or any other remedies provided by law, for said breach. In
addition, any waiver by either party of any default, breach or omission of the other under this
L.ease Agreement shall not be construed as a waiver of any subsequent or different default,
breach, or omission.
ARTICLE 7{IV. NOTICE
7of11
My and all norices required herein to be made by either pazty to tFie other shall be
written notice made by depositing such notice, correctly addressed, via certified mail of the
United States of America, postaga prepaid, and such notice shall be deemed to have been served
on the date of such depositing.
All notices to the BOCC shall be mailed to:
Airport Director
Aspen/Pitkin County Airport
0233 East Airport Road
Aspen, CO 81611
All notices to Lessee shall be mailed to:
Robert Steneman
549 Mountain Laarel
Aspen, CO 81611
Each party may, from time to 6me, change the address to which notices to said party aze
to be sent, by providing written norice of said change of address to the other party in accordance
with the procedwe set forth in this Article.
ARTICLE XV. RELATIONSI�IP OF PARTIES
It is understood that the BOCC is not in any way or for any purpose partner or joint
venturer with, or agent of, Lessee in its use of the Leased Premises or any improvements thereon.
ARTICLE XVI. PARTIAL INVALIDITY
If any term or condition of this Lease Agreement or the application thereof to any person
or event shall to any extent be invalid and unenforceabla, the remainder of this Lease Agreement
and tt�e application of such term, covenant or condition to persons or events other than those to
which it is held invalid or unenforceable shall not be affected and each term, covenant and
condition of this Lease Agreement shall be valid and be enforced to the fullest extent permitted
by law.
ARTICLE XVII. SUCCESSORS
The provisions, covenants and conditions of this Lease Agreement shall bind, and inure
to the benafit o� the legal representatives, successors and assigns ofthe parties herero.
ARTICLE XVIII. ATTORNEYS' FEES, COSTS
AND EXPENSES OF LTl'IGATION
In the event of a breach of this Lease Agreement, the breaching party shai( pay to the
non-breaching party all reasonable attorneys' fees, costs and other expenses, incurred by the non-
reaching' party in enforoing its rights as a result of said breach.
8ofll
ARTICLE XIX. ASSIGNMENT AND SUBLEASE
A. Lessee shall not assign its interest nor sublease the Leased Premises.
ARTICLE XX. SURRENDER UPON TERNIINATION
Upon the expiration or sooner termination of this Lease Agreement, for any reason
whatsoever, Lessee shall peaceably sunender to the BOCC possession of the Leased Premises,
together with any improvements, fixtutes or personal pmper[y of the BOCC thereon, in as good a
condiYion as the Leased Premises, and impmvements, fixtures and personal property were
initially provided to Lessee, ordinary wear and tear excepted, without any compensation
whatsoever, and free and ctear of any claims of interest of I,essee or any other third party
whomsoever. L,essee shall restore the Leased Premises, and other improvements finm which the
fixtures or pmperty were taken (if the impmvement involved is not atso being removed &+om the
Leased Premises), to good condition and repair.
ARTICLE X2II. HAZARDOUS WASTElENVIItONMENTAL POLLUTION
Lessee shall be solely responsible for the prevention, control and cleanup of all fuel, gas
and oil leaks and spills, hazardous waste, lavatory waste and other environmental pollution
caused by Lessce's operatioc�s in the Leased Premises, in accordance with applicable local, state
and federal Iaws and regulations, and it shatl hold the BOCC harmless from said prevention,
control and cleanup costs and obligations. The parties each reserve their various claims and
defenses against one another for the cleanup of any environtnental pollution that occurred on the
Leased Premises prior to the commencement date of Lessce's leasehold term hereunder. It is
noted that in the ordinary course of storing and parking aircraft that some minor fuel and oil
spillage shall occur and that Lessee shall have no extraordinary obligation for clean up of such
spills.
ARTICLE XXII. EMINENT DOMAIN
A. In the event that all or any poRion of the Leased Premises is taken for any public
or quasi-public purpose by any lawful wndemning authority, including the BOCC, exercising its
powers of eminent domain (or in the event that all or any portion of the I.eased Premises is
conveyed to such a condemning authority in settlement and acceptance of such condemning
suthoriry's offer to putchase all or any portion of the Leased Premises in connection with its
9of11
threat to take said areas under power of co�demnation or eminent domain), the procceds, if any,
from such taking or conveyance shall be allocated between the BOCC and Lessee according to
the applicable Colorado law of eminent domain; provided, however, that in the event of
condemnation, the Lessee shall be compensated no less than the anamortized cost of the Lease as
of the date of condemnation. If a portion of the Leased Premises is so taken or sold, and as a
result thereof, the remaining part cannot be used reasonably to continue the suthorized purposes
contemplated by this Lease Agreement as set forth in Article II in an economically viable
manner, then this Lease Agreement shall be deemed terminated at the end of a period of sixty
(60) days following said taking or conveyance. In that event and aY that time, Lessee shaJl
surrender the I.eased Premises to the BOCC and all of the BOCC's Sxtures and personal property
thereon, and Lessee may remove its improvements, fixtures and personal pmperty (ocated upon
the Leased Premises, in accordar+ce with the provisions ofArticle XXIII above.
ARTICLE XXIIL RENEWAL
Lessee has no guazanteed or preferential right, as against other third pazties, of reletting
the Leased Premises, or any improvements thei'eon, following termination of this Lease. Should
Lessee desire to relet the Leased Premises following the expiration or sooner termination of this
Lease, Lessee shall submit an application £or lease in accordance with Aitport ieasing rules and
regulations in effect at that time. I.essee's application will be reviewed by the BOCC, along with
all other applications, if any, in accordance with then applicable Airport leasing rules and
regulations.
ARTICLE XXIV. GOVERNING LAW AND VENUE
This Lease shall be interpreted in accordance with the laws of the State of Colorado and
applicable federal law. Lessee futther agrees that should either party believe it necessary to file
suit to interpret or enforce any provisions of this Agreement, the exclusive venue and jutisdiction
for said lawsuit shall be in the Pitkin County, Colorado District Court, or if federal court
jurisdiction would be appropriate, then in the Federal District Court in Denver.
ARTICLE XXV. HOLDING OVER
If I,essee remains in possession of the Leased Premises after the expiration of ihis L.ease
Agreement without any written renewal thereof, such holding over shaii not be deemed as a
renewal or extension of this Lease Agreement but shall create only a tenancy from month to
month which may be terminated at any time by the BOCC upon thirty (30) days written notice.
Such holding over shafl otherwise be upon die same terms and conditions as set forth in this
I,ease Agreement; provided, however, that the monthly rent shall be at a rate equal to One
Hundred Percent (100%) of the then current monthly rent for similar patio shelter hangaz space
to the L,eased Premises.
]0of11
ARTICLE XXVL ENTIItE AGREEMENT
This writing, together with the e�ibits attached hereto, is the entire agreement of the
parties regarding the esffiblishment of their leasehold arrangements. No representations,
wazranties, inducements or oral agreements previously made between the parties regarding the
establishment of their leasehold attangements shall continue unless stated therein. This Lease
Agreement shall not be changed or modified, except in writing, signed by both parties.
DONE AND EXECUTED on the date first above written.
ASPEN/PITKIN COUNTY AIRPORT
sy:c
` �irec r of Aviation
Jim Elwood
LESSEE
�
B � �� �
Robert Steneman� f
11 of 11